Alaska Gasline Port Authority Replies to DOE Information Request on LNG Export Application
Posted on Nov 20, 2012 in Federal Regulation, LNG Exports | Comments Off on Alaska Gasline Port Authority Replies to DOE Information Request on LNG Export Application
Alaska Gasline Port Authority (AGPA) filed a response to the U.S. Department of Energy’s (DOE) letter requesting additional information related to AGPA’s pending LNG export application. In its response, AGPA (1) stated that a process was in place for construction of a pipeline to deliver gas to Port Valdez for export as LNG, (2) identified Prudhoe Bay and the Point Thomson...
Senator Wyden Urges Caution on U.S. LNG Export Policy
Posted on Nov 20, 2012 in Federal Regulation, LNG Exports, Policy, Legislation and Politics | Comments Off on Senator Wyden Urges Caution on U.S. LNG Export Policy
The Oil & Gas Financial Journal reports that, in a recent interview, Senator Ron Wyden (D-OR) stated that policymakers should move cautiously and should consider the environmental effects of hydraulic fracturing and domestic natural gas price implications when formulating U.S. LNG export policy. Wyden, soon to head the Senate Energy and Natural Resources Committee, added that...
Cook Inlet Producer Agrees Not to Export LNG Until Local Needs Are Met
Posted on Nov 19, 2012 in LNG Exports, State and Local Issues | Comments Off on Cook Inlet Producer Agrees Not to Export LNG Until Local Needs Are Met
The Alaska Journal of Commerce reports that Hilcorp Energy has agreed not to sell gas into the LNG export market until Cook Inlet, Alaska’s utility needs are met. Hilcorp also agreed to cap the price of gas sold to local utilities and industrial consumers to address regulators’ concerns with Hilcorp’s pending acquisition of Marathon Oil Company’s Alaska...
NERA Hired to Conduct DOE LNG Exports Study
Posted on Nov 19, 2012 in Federal Regulation, LNG Exports | Comments Off on NERA Hired to Conduct DOE LNG Exports Study
Reuters reports that NERA Economic Consulting has been hired to conduct the U.S. Department of Energy’s study on the macroeconomic effects of increased U.S. LNG exports on the U.S....
BG Group’s Prince Rupert LNG Terminal Still Many Years Away
Posted on Nov 15, 2012 in LNG Exports, State and Local Issues | Comments Off on BG Group’s Prince Rupert LNG Terminal Still Many Years Away
BG Group representatives recently told local officials that they do not expect a final investment decision on their proposed LNG terminal on Ridley Island, British Columbia until sometime in 2013. The first LNG exports are not expected to begin until late 2019 or early 2020 after completing an environmental assessment and a four year construction schedule. Read more in The Northern...
DOE LNG Export Report to be Released by Year’s End
Posted on Nov 15, 2012 in Federal Regulation, LNG Exports | Comments Off on DOE LNG Export Report to be Released by Year’s End
The Wall Street Journal reports that Chris Smith, deputy assistant secretary at the U.S. Department of Energy, has confirmed that DOE’s much anticipated macroeconomic report that will consider the impacts of LNG exports on the U.S. economy will be released by the end of this...